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The Ultimate Standard of Value

07/20/2005Eugen von Böhm-Bawerk

From Shorter Classics, 1962.


Eugen von Böhm-Bawerk

Eugen von Böhm-Bawerk was a leading member of the Austrian School of economics. His major contributions were in the areas of capital and interest and helped pave the way for modern interest theory. His criticisms of Marx's economics and exploitation theory have not been refuted to this day.